Actually, the movie is titled "Redline" (2007). The cast includes Nadia Bjorlin, Nathan Phillips, Angus Macfadyen, Eddie Griffin, Hal Ozsan, Tim Matheson, and Barbara Niven.
IMDB synopsis:
"Redline" is an auto/action thriller that features the personal exotic car collection of the producer, real estate investor Daniel Sadek. Sadek who is financing the $26 million movie used his own cars including a Phantom Rolls Royce, Lamborghini Murcielago, Enzo Ferrari, Ferrari F430, Ferrari Scaglietti and two Mercedes SLR McLarens. Sadek's $450,000 Porsche Carrera GT is actually crashed during one sequence. Eddie Griffin accidentally crashed and destroyed the Enzo Ferrari, one of only 400 ever produced.
http://www.imdb.com/title/tt0780595/